HCM City is seeking investors for a new urban development project worth nearly VNĐ29.65 trillion (US$1.1 billion) in the city’s northwestern growth corridor, as authorities accelerate expansion along major regional transport routes.

HCM City aims to become one of the Asia-Pacific region's leading economic, financial and innovation hubs under a new master plan with a 100-year vision, as Việt Nam's largest metropolis seeks to manage rapid growth while preparing for long-term challenges such as climate change and global urban competition.

On June 1, as part of the Viet Nam–Philippines Business Forum held in Manila, the national flag carrier of Viet Nam exchanged cooperation agreements with several partners in the aviation, tourism, and trade sectors, under the witness of General Phan Van Giang, Deputy Prime Minister and Minister of National Defence.

Hà Nội authorities have proposed a new regulatory framework allowing conversion between social, commercial and resettlement housing projects in an effort to use more underutilised housing stock and respond more flexibly to market demand.

HCM City has expanded foreign access to its housing market, raising the number of eligible residential projects to more than 130 in a move aimed at supporting property demand and attracting overseas talent.

Hà Nội authorities have proposed easing plans for a low-emission zone in the city centre, dropping an earlier proposal to ban petrol-powered motorbikes from July 1 and instead encouraging riders to limit their use while the pilot scheme is rolled out.

Projects to build inter-level boarding schools in border communes are being accelerated for completion so they can be put into use before the 2026-2027 academic year.

Ho Chi Minh City currently has more than 7.5 million workers directly contributing to the city’s development. In recent years, to help workers feel secure in dedicating themselves to their jobs, the city authorities have been making efforts to implement housing policies, which have long been the dream and concern of many people.

Leaders of the Dong Nai City People’s Committee and delegates performed the groundbreaking ceremony for the construction of the Tam Hiep Ward Mixed-Use Housing Project, which covers three hectares with a total investment of nearly 4.5 trillion VND, on May 27.

Permanent Deputy Prime Minister Pham Gia Tuc on May 20 inspected progress of the Gia Binh International Airport project and related infrastructure works, including the route linking the airport with Hanoi and the Ring Road No. 4 project in the Ha Noi Capital Region passing through Bac Ninh province.

The Ministry of Construction on May 20 said it had issued a decision approving the master plan for Van Don International Airport for the 2021-2030 period, with a vision to 2050. The approval marks a step towards concretising the strategy for developing aviation transport infrastructure, creating momentum for the development of Van Don Economic Zone and Quang Ninh Province.